Torchlight Energy Resources (Torchlight Energy Resources) Net Developed Acreage # : 0.00 (As of Mar. 2021)

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What is Torchlight Energy Resources Net Developed Acreage #?

Net Developed Acreage # reflects the number of acres which are allocated or assignable to producing wells or wells capable of production.

The historical rank and industry rank for Torchlight Energy Resources's Net Developed Acreage # or its related term are showing as below:

TRCH's Net Developed Acreage # is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Net Developed Acreage # only.

Torchlight Energy Resources Net Developed Acreage # Historical Data

The historical data trend for Torchlight Energy Resources's Net Developed Acreage # can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Torchlight Energy Resources Net Developed Acreage # Chart

Torchlight Energy Resources Annual Data

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Torchlight Energy ResourcesQuarterly Data

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Competitive Comparison of Torchlight Energy Resources's Net Developed Acreage #

For the Oil & Gas E&P subindustry, Torchlight Energy Resources's Net Developed Acreage #, along with its competitors' market caps and Net Developed Acreage # data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Torchlight Energy Resources (NAS:TRCH) Net Developed Acreage # Explanation

Net Developed Acreage # is the amount of leased real estate that a petroleum and/or natural gas company holds, pertaining to a company's true working interest. If a company holds the entire working interest for a particular project, its net acreage and gross acreage will be the same.

Net acres can be construed as a measure of a company's potential for revenue, and increases or decreases in the figure are indicators of expansion or contraction. It can be calculated on a per project basis by multiplying the gross acres with the percentage of ownership.

Torchlight Energy Resources Net Developed Acreage # Related Terms

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Torchlight Energy Resources (Torchlight Energy Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Torchlight Energy Resources Inc (NAS:TRCH) » Definitions » Net Developed Acreage #

Comparable Companies

Traded in Other Exchanges

N/A

Address

5700 W. Plano Parkway, Suite 3600, Plano, TX, USA, 75093

Website

https://www.torchlightenergy.com

Torchlight Energy Resources Inc acquires, explores, exploits, and develops oil and natural gas properties in the United States. It is primarily focused on the acquisition of early-stage projects, the development and delineation of the projects, and then the monetization of those assets once these activities are completed. The firm's primary interests include the Orogrande Project in Hudspeth County, Texas and the Hazel Project in the Midland Basin.

Executives

Alexandre Zyngier	director	5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Greg Mccabe	director, 10 percent owner	500 WEST TEXAS AVE., SUITE 890, MIDLAND TX 79701
Roger N Wurtele	officer: Chief Financial Officer	5700 WEST PLANO PARKWAY, SUITE 3600, PLANO TX 75093
John A. Brda	director, officer: President and CEO	1425 FRONTENAY, WARSON WOODS MO 63122
Michael James Graves	director	5700 PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Robert Lance Cook	director	5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75903
Robert David Newton	director	5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Mccabe Petroleum Corp	10 percent owner	P.O. BOX 11188, MIDLAND TX 79702
Ernest Scott Kimbrough	director	5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Shockey Eunis Lorance Jr	director	10827 STONE CANYON ROAD, DALLAS TX 75230
Mcandrew Willard Greer Iii	other: Former Officer and Director	5700 WEST PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Jerry D Barney	10 percent owner	841 ANDREW RUN, CANYON LAKE TX 78133
Edward J Devereaux	director	1713 VILLA COURT, CORINTH TX 76210
G Mc Exploration, Llc	10 percent owner	400 PINE STREET, SUITE 700, ABILENE TX 79601
Robert Kenneth Dulin	10 percent owner	8449 GREENWOOD DRIVE, NIWOT CO 80503